Chapter 7: Problem 27
If a normally distributed sample of size \(n=16\) produces a \(95 \%\) confidence interval for \(\mu\) that ranges from \(44.7\) to \(49.9\), what are the values of \(\bar{y}\) and \(s\) ?
Short Answer
Expert verified
The values of \(\bar{y}\) and \(s\) are approximately 47.3 and 3.32 respectively.
Step by step solution
01
Calculate Sample Mean
The sample mean \(\bar{y}\) is calculated as the midpoint of the confidence interval. It can be found using the formula \(\bar{y} = \frac {lower\_limit + upper\_limit} {2}\). Substituting the given limits of the confidence interval, the sample mean \(\bar{y} = \frac {44.7 + 49.9} {2}\) is obtained.
02
Find Value of Z for 95% Confidence Interval
Next, the Z value corresponding to a 95% confidence interval is needed. This value represents the number of standard deviations that the endpoints of the confidence interval are from the mean in a normal distribution. For a 95% confidence level, the Z-value is approximately 1.96.
03
Calculate Sample Standard Deviation
The sample standard deviation \(s\) can be obtained by rearranging the formula for the end points of a confidence interval, which is given as \( \bar{y} ± Z \times \frac{s}{\sqrt{n}}\). Therefore, \(s = \frac{(upper\_limit - \bar{y}) \times \sqrt{n}}{Z}\). Substituting the obtained \(\bar{y}\), \(n = 16\), and \(Z = 1.96\) into this formula, the sample standard deviation \(s\) is calculated.
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Key Concepts
These are the key concepts you need to understand to accurately answer the question.
Normal Distribution
The normal distribution is a fundamental concept in statistics. It represents a continuous probability distribution that is symmetric around the mean. This shape forms a bell curve where most observations cluster around the median, mean, and mode, all of which coincide in a perfectly normal distribution.
- **Key Characteristics**:
- Symmetrical shape
- Mean, median, and mode are identical
- Approximately 68% of data falls within one standard deviation of the mean, 95% within two, and 99.7% within three, according to the empirical rule
- **Application in Confidence Intervals**:
- Confidence intervals in small samples (like the sample size of 16 in our scenario) assume normality to simplify calculations. This assumption aids in predicting a range where the true population parameter (like a mean) lies with a given level of confidence.
- **Key Characteristics**:
- Symmetrical shape
- Mean, median, and mode are identical
- Approximately 68% of data falls within one standard deviation of the mean, 95% within two, and 99.7% within three, according to the empirical rule
- **Application in Confidence Intervals**:
- Confidence intervals in small samples (like the sample size of 16 in our scenario) assume normality to simplify calculations. This assumption aids in predicting a range where the true population parameter (like a mean) lies with a given level of confidence.
Sample Mean
The sample mean, denoted as \(\bar{y}\), is essentially the average of all data points in a sample. It is a statistic that estimates the population mean, especially important when we don't have access to the entire population of data.
- **How to Calculate**:
- Add all the sample observations
- Divide by the total number of observations (n)
- **In the Context of Confidence Intervals**:
- The sample mean is often used as the center of the confidence interval. Given the interval [44.7, 49.9] in the exercise, the sample mean is calculated by taking the midpoint: \(\bar{y} = \frac{44.7 + 49.9}{2}\), resulting in 47.3.
- It serves as the basis for determining the spread and limits of the interval, alongside the standard deviation and Z value.
- **How to Calculate**:
- Add all the sample observations
- Divide by the total number of observations (n)
- **In the Context of Confidence Intervals**:
- The sample mean is often used as the center of the confidence interval. Given the interval [44.7, 49.9] in the exercise, the sample mean is calculated by taking the midpoint: \(\bar{y} = \frac{44.7 + 49.9}{2}\), resulting in 47.3.
- It serves as the basis for determining the spread and limits of the interval, alongside the standard deviation and Z value.
Standard Deviation
The standard deviation, denoted as \(s\) in sample contexts, measures the variability or dispersion of a set of data points in a sample. It shows how much the individual data points deviate from the sample mean.
- **Computation**:
- Calculate the variance (average of squared deviations from the mean), then take the square root.
- **Role in Confidence Intervals**:
- Critical for calculating the end of the confidence interval range. - It directly affects the width of the confidence interval—the larger the standard deviation, the wider the interval.
- **Formula Application**:
- From the exercise, rearranging the confidence interval formula \(\bar{y} \pm Z \times \frac{s}{\sqrt{n}}\) gives the sample standard deviation \(s = \frac{(upper\_limit - \bar{y}) \times \sqrt{n}}{Z}\). This formula helps us find \(s\), essential if you're working with incomplete sample variance information.
- **Computation**:
- Calculate the variance (average of squared deviations from the mean), then take the square root.
- **Role in Confidence Intervals**:
- Critical for calculating the end of the confidence interval range. - It directly affects the width of the confidence interval—the larger the standard deviation, the wider the interval.
- **Formula Application**:
- From the exercise, rearranging the confidence interval formula \(\bar{y} \pm Z \times \frac{s}{\sqrt{n}}\) gives the sample standard deviation \(s = \frac{(upper\_limit - \bar{y}) \times \sqrt{n}}{Z}\). This formula helps us find \(s\), essential if you're working with incomplete sample variance information.
Z Value
A Z value, or Z score, is a statistic representing the number of standard deviations a data point is from the mean of a dataset. In the context of confidence intervals, it marks the critical value separating the central means from the tails of a normal distribution.
- **Importance in Statistics**:
- Transforms normal distributions to a standard normal distribution (mean = 0, standard deviation = 1), easing data comparison and interpretation.
- **Specific Use in Confidence Intervals**:
- For a 95% confidence interval, the Z value is approximately 1.96, reflecting that about 95% of data falls within 1.96 standard deviations from the mean in a normal distribution.
- **Application in Exercise**:
- Knowing the Z value allows for calculating both the upper and lower bounds of confidence intervals. It translates raw scores into standardized scores, crucial for statistical inference about population parameters.
- **Importance in Statistics**:
- Transforms normal distributions to a standard normal distribution (mean = 0, standard deviation = 1), easing data comparison and interpretation.
- **Specific Use in Confidence Intervals**:
- For a 95% confidence interval, the Z value is approximately 1.96, reflecting that about 95% of data falls within 1.96 standard deviations from the mean in a normal distribution.
- **Application in Exercise**:
- Knowing the Z value allows for calculating both the upper and lower bounds of confidence intervals. It translates raw scores into standardized scores, crucial for statistical inference about population parameters.